Federal Realty Inv. Trust (FRT) Tops Q2 FFO by 1c
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Federal Realty Investment Trust Announces Second Quarter 2016 Operating Results
August 4, 2016 4:05 PM EDTROCKVILLE, Md., Aug. 4, 2016 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today reported operating results for its second quarter ended June 30, 2016. Highlights of the quarter and recent activity include:
Generated earnings per diluted share of $0.78 for the quarter compared to $0.63 in second quarter 2015. Generated FFO per diluted share of $1.42 for the quarter compared to $1.06 in second quarter 2015 ($1.33 excluding prepayment premiums in second quarter 2015). Generated same center property operating income growth of 3.5% (or 2.9%... More